Exchanges

Kraken, a leading cryptocurrency exchange, has recently launched kBTC, a wrapped Bitcoin product that aims to enhance the utility of Bitcoin across various decentralized networks. According to a statement released on October 17, kBTC is a fully-backed ERC-20 token representing Bitcoin where each kBTC is pegged 1:1 with actual Bitcoin stored in Kraken’s secure custody.
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Kraken, a notable player in the cryptocurrency exchange arena, has made significant strides by integrating with EigenLayer, offering a new avenue for Ethereum enthusiasts to engage with the restaking mechanism directly through their platform. As of October 15, this partnership has positioned Kraken to streamline the restaking process, making it more user-friendly for a diverse
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The recent events surrounding Tigran Gambaryan, a key executive at Binance, underscore the profound intricacies and challenges faced by individuals tied to the global cryptocurrency sector. Gambaryan’s ongoing legal battle in Nigeria has sparked concerns over both procedural justice and the treatment of detainees within the country. His extended detention since February, alongside the complexities
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In a significant move that has captured the attention of the South Korean financial sector, the nation’s Financial Services Commission (FSC) is launching an investigation into Upbit, the country’s largest cryptocurrency trading platform. This probe, confirmed by FSC Chairman Kim Byung-hwan on October 10, aims to scrutinize Upbit’s overwhelming influence in the virtual asset market.
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In the rapidly evolving landscape of cryptocurrencies, privacy tokens have faced unprecedented challenges this year, culminating in nearly 60 delistings from centralized exchanges, according to a comprehensive report by Kaiko. This striking figure is a stark reminder of the conflicts between regulatory compliance and the intrinsic values of privacy-focused crypto projects. Monero (XMR), Dash (DASH),
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On October 7, the cryptocurrency community experienced a jarring moment as Bitget exchange’s native token, BGB, plummeted from $1.15 to just $0.5344 within a remarkably short window. This steep decline of approximately 56% unfolded in less than ten minutes, leaving traders in shock and raising many questions regarding the underlying causes. Such rapid price fluctuations
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